Trump Delays 50% EU Tariffs, Markets React

US President Donald Trump has postponed the planned 50% tariffs on European Union imports until July 9 following a phone call with European Commission President Ursula von der Leyen, easing trade tensions between the US and the EU. This delay has been welcomed by markets, with major US stock indexes such as the S&P 500, Nasdaq, and Dow Jones rising notably, while European markets showed mixed but generally positive reactions. The US dollar weakened against major currencies, including the euro and Australian dollar, reflecting improved investor sentiment and reduced trade uncertainty. Despite the tariff delay, concerns remain about the broader impact of trade policies on inflation and the economy, as Fed officials emphasize caution on interest rate decisions. The tariff postponement is seen as a typical negotiating tactic by Trump, and while it temporarily eases market fears, investors remain cautious given his unpredictable approach. Overall, the move has helped stabilize markets and currency values, but ongoing negotiations and potential trade policy shifts continue to influence economic sentiment.